Real Estate Investing in Perkins, Oklahoma

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

2 ZIP codes • Population: 6,851 • Payne County

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Should you buy in Perkins, OK? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (70/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • Elevated vacancy: 9.4% vacancy may signal weakening demand.

What’s happening in Perkins, OK?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

5.3% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $212,503
Avg Monthly Rent $1,168
ZIP Codes 2

Investing in Perkins Real Estate

Across Perkins's 2 ZIPs, the picture is sluggish: $213K median values, $1,168/mo rents, and a population that has faced real economic pressure.

A 3.0 rating and a 5-year CAGR of 0.0% are the kinds of numbers that warrant real local underwriting, not spreadsheet tourism. Perkins is in that category.

Market conditions in Perkins are subdued. Days-on-market has stretched, rent growth has stalled, and the 0.0% 5-year CAGR understates how uneven the underlying ZIPs really are.

Demographics in Perkins show real pressure — median income of $N/AK is lackluster relative to rents, and the 0% renter share includes significant cost-burdened households.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Stillwater, OK

Perkins is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

Real numbers from people who own or manage rentals in Perkins, OK. Anonymous, moderated, never written by AI.

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Property managers serving Payne County

Manage rentals here? List your business →

C-Star Management is a leader in property management, offering services for apartments, houses, and duplexes. summary from their website

Small multifamilySingle-family
Unclaimed — is this your business? Claim it free

Harmon Property Management is a local, family-owned and operated residential property management company serving Wichita, Kansas, and the surrounding area since 2008. summary from their website

Single-family
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Cowboy Property Management offers property management services in Stillwater, OK, with new properties available and a caring management team. summary from their website

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Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Avg Home Value
$212,503
Avg Monthly Rent
$1,168
1% Rule
✗ Below
Landlord Friendly (OK)

📉 Market Crash Risk Index

Based on Stillwater, OK metro

1/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
1/3
59%
Days Pending
0/2
0 days

View all metro crash risk rankings →

☀️ Warm Market — Stillwater, OK metro
0
Days to pending
6.0%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Perkins, OK

Screen every ZIP in Perkins

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Frequently Asked Questions About Perkins, OK

Is Perkins, OK good for landlords?

For rental operators, Perkins, OK rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.

Is Perkins, OK better for rentals, flips, or BRRRR?

For Perkins, OK, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.

Are homes affordable in Perkins, OK?

Perkins, OK home values average about $213K. That price point suits investors targeting rentals with $1,168/mo in monthly income.

Can I live-in-and-rent in Perkins, OK?

House hacking in Perkins, OK is a challenging. With home values around $213K and rents at $1,168/mo, owner-occupants can offset a meaningful share of PITI.

Should investors consider Perkins, OK?

The 3.0/5 investability rating in Perkins, OK reflects its $213K prices and $1,168/mo rents. Investors generally consider it a solid option within OK.

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